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201504006
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Last modified
7/21/2017 2:42:36 AM
Creation date
6/16/2015 9:20:21 AM
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DEEDS
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201504006
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. <br /> : . ��15�4��� <br /> . <br /> , <br /> � <br /> purposes.Ilender may disburse praceeds for the repairs and restoration in a�ingle payment or in a seri�s <br /> of progress payxnents as the work is completed. If the insuY-an�e or condemnatian proceeds are not <br /> suf�'icient ta repa�ir or restore the Propert�,Borrovver is not relieved of Borrower's obligation f�r the <br /> comp�etian of su�h repair or restoration. <br /> Lender or its agent may ma1�e reasonah�e entries upon and inspe�tivns�f the Proper�y.If it has reasona��e <br /> cause,Lender may inspect the interior of the improvements Qn the Proper�.Lender sha11 give Borrower <br /> noti�e at the time of flr pri�r to su�h an interi�r insp�ction specifying such reasonaUl��ause. <br /> 8. Borrowe�`�Loan Application.Borrov�rer sha11 be in defau�t if,during the Loatf app�i�atian pro�ess, <br /> �orrovver or an�persons or�ntities acting at the dire�tion of B�rrovver or with Borrow�r's know�edge <br /> or consent gave mat�rially false,misleading,or�naccurate infarmation or statements to Lender�or failed <br /> to pro�ide Lender with material inf�rmation}in conne�tion v�rith the L�an.Material representations <br /> include,but are not limited t�, representatit�r�s concerning Bflrrower's�ccupar�cy of th�Property as <br /> Borrovver's principal residenee. <br /> 9. Protection of Lender�s Intenest in th� Praperty and F�ights Under this Secur�ty <br /> I nstrument. If�a}Borr�vver fails to perform th�covenants and agreements contained in this �ecurity <br /> Instrument,[b}there is�legal proceed�n�that might sign�ficant�y affect Lender's interest in the Property <br /> andlor rights under t�is Security Instrument(su�r�as a proCeeding in bankruptcy,proba�e,for condemnation <br /> ar forfeiture,for enf�rcement of a lien vvh�eh may aita�in priority over�t�iis Security Instrument or to <br /> �nforce lav�rs or re�ulations},or(�)Borr�vver has a�andor�ed the Property,then Lend�r may do and pay <br /> for wha.te�er�s reasonable or appropriate to prote�t Lender's interest in the Proper�y and rights under this <br /> Security Instrument,including protecting andlar ass�ssing the value of the Property,and se�uring at�dlor <br /> repairing the Property.I�nder's a�ti�ns can�n�lude,but are nvt lim�ted ta: (a}paying any sums secured <br /> by a lien vvhich has priority o�er th�s Seeurit�Instrument;�b)appearrng in court;and(c}paying reasonable <br /> att�rne�s'fees to pr�tect its int�rest in the Property andl�r nghts under thls Se�urit�Instrument,�ncludir�g <br /> �ts secured position in a ba.nkruptcy proceed�ng. S�curin�th�ProperCy inc�ud�s,but is not��mite�i to, <br /> entering the Proper�to make repa�rs,r�change iaci�s,replace or board up doors and win�t�vvs,drain�ater <br /> from pipes,eliminate building or other code vi�lations or dar�gerous Gonditions,and have utilities turned <br /> on or off.A�though Lender rnay take action under this Sect�on 9,Lender does not ha�e t�do s�and is <br /> not under any duty or obligation t�do so. It�s a�reed that Lender�n�urs n�Iiability far not taking any <br /> ar a11 act�ons authori2ed under this Sec�ian 9. <br /> Any amounts disbursed by Lender under this Section�sha11 become add�tianal debt of Borrower secured <br /> by this Security Instrument.These amounts sha1�hear ir�t�rest at the Nflt�ratt�:from the date of disbursement <br /> and sha�l be pa�a��e,v�ith such interest,upfln notice from Lender to Borr�wer requ�st�r�g payment. <br /> If th�s Security Instrument is on a leasehold,Borrovver sha11�omply v�rith a11 the provisions of th�lease. <br /> If Borro�er acquires fee titl�t�the Property,the leasehold and the fee t�tle sha11 not merge unless Lender <br /> agree s to the merger�n writing. <br /> 'I�. M ortg age 1 ns u ra n ce. If L�nder required Mor�gage Insurance as a condition of mak�ng the Loan, <br /> Barrovver sha.11 pay the premiums required to maint�n the M�rtgage Insurance in effect.If,for any reason, <br /> the Mortgage Insuran�e coverage required by Lender ceases to be available frorn the�ortgage�nsurer <br /> that previausly pr��ided such insuran�,e and Borrower was required to make separat�ly desi�nat�d <br /> HCFG-00359 • <br /> NE6RASKA-Single Fami�y-Fannie MaelFreddie Mac UNiF�RM iNSTRLIMENT Form 30281/01 <br /> VMP� 08I'�4 <br /> Wolters Kluwer Fi�ar�cial Servioes 2015052115.'�.0.3'�12-J20150123`l. Page S of 17 <br /> *61 Q748215219* <br />
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